Bank of Canada Delivers Hawkish 50 bp Hike, Pledges to Act Forcefully, USD/CAD Subdued

Bank of Canada Delivers Hawkish 50 bp Hike, Pledges to Act Forcefully, USD/CAD Subdued https://www.dailyfx.com/forex/market_alert/2022/06/01/Bank-of-Canada-Delivers-Hawkish-50-bp-Hike-Pledges-to-Act-Forcefully-USDCAD-Subdued.html Bank of Canada raises rates by 50 bp to 1.50% in bid to tackle inflation, signaling that borrowing costs will need to rise further and that the bank is prepared to act more forcefully if needed.

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DailyFX - Market News FX

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Bank of Canada Delivers Hawkish 50 bp Hike, Pledges to Act Forcefully, USD/CAD Subdued

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